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Kilmory Terrace, Port Glasgow PA14 2 bed flat for sale
1 Kilmory Terrace, 1/2, Port Glasgow, PA14 5PF
£40,000
1 Kilmory Terrace, 1/2, Port Glasgow, PA14 5PF
£40,000
Our Summary
- *Flat 2-1, 4, Kinross Avenue, Port Glasgow PA14 5QL sold for £54,000 in Apr 2018*, *Flat 2-1, 4, Montgomerie Street, Port Glasgow PA14 5NT sold for £53,000 in Sep 2022* Once renovated, this property offers an impressive rental potential with expected income ranging from £650-£700 pcm, equating to an annual return of £7,800-£8,400
- Once renovated, this property offers an impressive rental potential with expected income ranging from £650-£700 pcm, equating to an annual return of £7,800-£8,400
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This prime new listing presents a vacant two-bedroom flat in a sought-after location in Port Glasgow, offering an impressive rental potential with expected income ranging from £650-£700 per month, equivalent to an annual return of £7,800-£8,400. With a gross yield of 19.521% based on the guide price, this is a magnificent high-yield opportunity for astute investors. The property is located in an attractive area with proximity to local amenities and excellent transport links, making it a popular rental area. Once renovated, the flat offers a welcoming living room, kitchen, two spacious bedrooms, and a functional bathroom. With a fantastic discount on the asking price, this is an opportunity not to be missed for anyone looking for a straightforward purchase with excellent upside potential.